https://www.financeglobe.com/post/why-the-apr-is-the-most-important-factor-in-borrowing/ Personal Finance Tips & Tools Fri, 08 Nov 2019 02:28:23 +0000 hourly 1 https://wordpress.org/?v=6.9 https://www.financeglobe.com/post/why-the-apr-is-the-most-important-factor-in-borrowing/#comment-749 Fri, 08 Nov 2019 02:28:23 +0000 https://www.financeglobe.com/tools/2019/09/30/why-the-apr-is-the-most-important-factor-in-borrowing/#comment-749 Good points offered on the subject of Aprs. With that said, there is one thing to keep in mind, try not to acquire debt on high interest credit products. Many credit cards today are 16.99% to 27.99%+ on purchases and cash. You would go to the poor farm paying the high Aprs. So, try to stay clear of carrying credit card balances. The interest rates can sneak up on you and reduce your ability to more rapidly pay off balances!

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